BD Hotels

BD Hotels builds, owns and operates capsule hotels. It owns and operates 24 hotels in New York City, including the Blakely Hotel, the Maritime, the Bowery, and the Jane hotels.[1] The company also control 12 residential and commercial buildings.[2]

BD Hotels specializes in buying renovations instead of new buildings to meet fewer competitors and lower purchase prices.[3]

History

BD Hotels was founded in 1986[4] by Richard Born and Ira Drukier who owned and managed The Pod hotel chain in New York.[1] In the early 2000s, Born decided to develop hotels that carry small rooms but offer great location and style. The Pod51 opened in 2007 in the former Pickwick Arms Hotel. The second opened in the former men's club Allerton House on E. 39th St.[1][5] BD Hotels purchased this building in 2010 for $28 million.[6]

Timeline

In 2008, the Chetrit Group started to push away BD Hotels from managing the Hotel Chelsea.[7]

In 2012, BD Hotels ranked 11th on The Real Deal’s list last year of the biggest Manhattan hotel owners, managing 1,336 rooms across seven properties.[8]

In 2013, BD Hotels announced its joint-venture with Raphael and Robert De Niro, Empire Global Ventures, Amerasia S&T Corp and Tribeca Enterprises to develop Project 179, an 850,000-square-foot complex in Shanghai’s financial district.[9]

In May 2016, BD Hotels made a joint-venture with de Niro and Capco to turn the Covent Garden in London into an 83-room hotel, The Wellington Hotel, set to open in 2019.[10] BD Hotels and de Niro share stakes in the Greenwich hotel.[2]

References
  1. Jason Sheftell (28 September 2012). "$100 for a hotel in Manhattan? We take a look inside the new pod inn". Nydailynews.com. Retrieved 28 August 2017.
  2. "How BD Hotels owns Manhattan's boutique landscape". Hotelmanagement.net. 10 April 2015. Retrieved 28 April 2017.
  3. "Snapshot: BD Hotels' Richard Born". Hotelnewsnow.com. 24 June 2015. Retrieved 28 August 2017.
  4. "Mann Report Mann Report August 2013". onlinedigeditions.com. Retrieved 2021-05-26.
  5. Alison Gregor (5 June 2012). "Luxury in a Tomb-Size Hotel Room". Nytimes.com. Retrieved 28 August 2017.
  6. "New budget hotel to open in Murray Hill". Therealdeal.com. 16 March 2012. Retrieved 28 August 2017.
  7. "King & Grove will manage Hotel Chelsea, pay homage to artistic legacy". Therealdeal.com. 16 January 2012. Retrieved 28 August 2017.
  8. C.J. Hughes (1 November 2012). "Who rules in hospitality?". Therealdeal.com. Retrieved 28 August 2017.
  9. Julie Strickland (24 October 2013). "Raphael De Niro, partners to develop Shanghai mega project". Therealdeal.com. Retrieved 28 August 2017.
  10. "Robert De Niro To Open 83 Room Hotel In Central London". Hospitalityireland.com. 17 May 2016. Retrieved 28 August 2017.
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